Listing Information

MLS Number: A11360071
Status: Active
Unit Number: 2705
Building Name: Paraiso Bayviews
Building Address: 501 NE 31st St, Miami, Miami-Dade, FL 33137
Unit Size: 618 sq ft
Bedrooms: 1
Full Bathrooms: 1
Half Bathrooms: 1
Parking: 1 Space,Guest Parking,Valet Parking
View:
List Price: $525,000 ($850 PPSF)
Valuated Price: $438,000 ($709 PPSF)
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Floor Plan

Floor Plan

Building Information

Paraiso Bayviews

Number of units: 384
Building inventory for rent: 26 (7%)
Building inventory for sale: 32 (8%)
Number of sales over the last 12 months: 34
Number of sales over the last 6 months: 12
Number of sales over the last 3 months: 3

Building Association

Paraiso Bayviews
Address: 501 NE 31st St,
Miami, FL 33137
Phone: +1 305-361-0229

Link: https://www.paraisobaycondomiami.com/

Recent Sales

Unit # Size Closing Date Sale Price PPSF
4010 1,141 sq ft Apr 2024 $800,000 $701
2708 1,084 sq ft Apr 2024 $645,000 $595
3205 750 sq ft Jan 2024 $519,000 $692
3106   Jan 2024 $800,000  
2803 662 sq ft Dec 2023 $494,000 $746
3602 622 sq ft Dec 2023 $500,000 $804
3002 622 sq ft Dec 2023 $520,000 $836
3703 662 sq ft Dec 2023 $517,500 $782

Market Information

Building vs City

Paraiso Bayviews: $663/sq. ft.
Miami: $665/sq. ft.

City vs County

Miami: $665/sq. ft.
Miami-Dade: $703/sq. ft.

Paraiso Bayviews inventory for sale: 8%
Miami inventory for sale: 4%
Miami-Dade inventory for sale: 3%

Avg. time to close over last 12 months

Paraiso Bayviews: 116 days
Miami: 84 days
Miami-Dade: 81 days

Building Photo

Aerial photo
Built in 2018 - 384 units - 44 floors

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Listing A11360071 data provided by Miami Association of Realtors.